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Deutsche Bank: Moroccan economy most dynamic in North Africa

Thursday, 02 September 2010 21:22

Germany (Berlin) - The Moroccan economy is considered to be "one of the most dynamic economies in the North African region," says a German economic report.

The report, recently issued by the Deutsche Bank's research department, underlines that Morocco's economy, which boasts promising potentials, tops the economies of the North African region (Egypt, Libya, Tunisia and Algeria) due to the partnership between the kingdom and the EU.

The report, published online by the German TV channel Deutsche Welle, ranks Egypt and Tunisia second, and Algeria and Libya fourth and fifth respectively.

Entitled "North Africa: the Mediterranean neighbours on the path of development", the report took account of the macroeconomic stability, the financial sector's soundness, natural resources, political stability and the investments' environment.
(MAP)

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Last Updated on Thursday, 02 September 2010 21:36

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